Texel Industries net profit declines 5.00% in the June 2008 quarter

Sales rise 80.75% to Rs 6.76 crore

Net profit of Texel Industries declined 5.00% to Rs 0.19 crore in the quarter ended June 2008 as against Rs 0.20 crore during the previous quarter ended June 2007. Sales rose 80.75% to Rs 6.76 crore in the quarter ended June 2008 as against Rs 3.74 crore during the previous quarter ended June 2007.